VANCOUVER, BC, Feb. 12,
2024 /CNW/ - Rokmaster Resources Corp. (TSXV: RKR)
(OTCQB: RKMSF) (FSE: 1RR1) ("Rokmaster" or the "Company") is
pleased to announce the completion and filing of a technical
report, prepared in accordance with National Instrument 43-101, for
its previously announced Preliminary Economic Assessment ("PEA")
for its Revel Ridge Project, located in the Revelstoke area of southeastern British Columbia.
A summary of the PEA results was announced in Rokmaster's news
release dated December 29, 2023. The
report titled "Revel Ridge Project, NI 43-101 Technical Report and
Preliminary Economic Assessment" (the "Technical Report") has been
filed on SEDAR+ and can be viewed
at www.sedarplus.ca under Rokmaster's profile. A copy of
the Technical Report will also be available on Rokmaster's website
at www.rokmaster.com.
The Company also announces that it intends to extend the
exercise period by one year for 2,000,000 share purchase warrants
("Warrants") issued in connection with a non-brokered private
placement financing on February 16th,
2023. The Warrants have an original expiry date of
February 16, 2024. All other terms
and conditions of the Warrants remain unchanged including its
exercise price of $0.175. The Warrant
extension is subject to acceptance by the TSX Venture
Exchange.
On Behalf of the Board of Directors of
Rokmaster Resources Corp.
John Mirko
President & Chief Executive Officer.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term in defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this press release.
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This news
release may contain forward-looking information within the meaning
of applicable securities laws ("forward-looking statements").
Forward-looking statements are statements that are not historical
facts and are generally, but not always, identified by the words
"expects," "plans," "anticipates," "believes," "intends,"
"estimates," 'projects," "potential" and similar expressions, or
that events or conditions "will," "would," "may," "could" or
"should" occur. These forward-looking statements are subject to a
variety of risks and uncertainties which could cause actual events
or results to differ materially from those reflected in the
forward-looking statements, including, without limitation: receipt
of regulatory approvals; risks related to fluctuations in metal
prices; uncertainties related to raising sufficient financing, for
working capital and to fund the planned work, in a timely manner
and on acceptable terms; changes in planned work resulting from
weather, logistical, technical or other factors; the possibility
that results of work will not fulfill expectations and realize the
perceived potential of the Company's properties; risk of accidents,
equipment breakdowns and labour disputes or other unanticipated
difficulties or interruptions; the possibility of cost overruns or
unanticipated expenses in the work program; the risk of
environmental contamination or damage resulting from Rokmaster's
operations and other risks and uncertainties as disclosed in the
information circular mailed to Shareholders in connection with the
Meeting to approve the Arrangement. Any forward-looking statement
speaks only as of the date it is made and, except as may be
required by applicable securities laws, the Company disclaims any
intent or obligation to update any forward-looking statement,
whether as a result of new information, future events or results or
otherwise.
SOURCE Rokmaster Resources Corp.